Larry Fink didn't stop to pose for the photographers as he strode past the bust of Abraham Lincoln and into the White House's East Room. Mr Fink, the head of BlackRock, the world's largest asset manager, ...

BlackRock Inc, the world's largest asset manager, plans to move its headquarters in 2022 from midtown Manhattan to a massive new office tower in the fast-growing Hudson Yards district on the city's far West Side, the developers said on Thursday. BlackRock (BLK.N) entered into a letter of intent to lease 15 floors, or 850,000 square feet, of the 58-story tower, which developers Related Cos and Oxford Properties Group Inc said will be the city's fourth-largest office tower. BlackRock received a $25 million tax credit from New York state as part of the move on the condition the company create 700 new jobs and retain its current staffing in the city of about 2,700 for a decade, the state's development agency said.